Federal Investment in Research Spurs Growth and Innovation

Federal Investment in Research Spurs Growth and Innovation

ID: 61656

(firmenpresse) - WINNIPEG, MANITOBA -- (Marketwire) -- 09/01/11 -- Seniors suffering from Parkinson's disease and babies born prematurely are just some of the those who will benefit from new investments in research infrastructure by the Government of Canada.

The Honourable Gary Goodyear, Minister of State (Science and Technology), today announced new funding in researchers and universities across Canada to provide them with the cutting edge equipment and facilities to be the best in the world and stay the best in the world. This funding from the Canada Foundation for Innovation (CFI) will support leading-edge research and recognizes the importance of knowledge and innovation in today's global economy.

"Our government is investing in science and technology to create jobs, improve the quality of life of Canadians and strengthen the economy," said Minister of State Goodyear. "This investment will make sure that our scientists have the tools they need to be successful, and help Canada develop, attract and retain the world's best researchers."

"CFI investments provide vital infrastructure in communities across the country and create opportunities for leveraging the work being undertaken by our enterprising researchers," said Dr. Gilles G. Patry, Canada Foundation for Innovation President and Chief Executive Officer. "Cutting-edge research facilities are magnets that attract the best talent from around the world, allowing them to work with business and train a new generation of Canadian researchers and innovators."

Getting more from research investments

The Canada Foundation for Innovation will invest $53 million to create the knowledge, solutions and new products and services that Canada needs to compete globally. This investment, made under the Canada Foundation for Innovation's Leaders Opportunity Fund (LOF), will support 207 projects at 42 Canadian research institutions across Canada. These projects will deliver real results that improve the health, well-being and security of Canadian families, communities and businesses.





Here are some of the projects being supported through this latest round of LOF funding:

The CFI's funding is awarded through a rigorous, objective, merit-based funding competition process. A full list of the funded projects is available online .

Created by the Government of Canada in 1997, the Canada Foundation for Innovation (CFI) builds our nation's capacity to undertake world-class research and technology development to benefit Canadians through investments in state-of-the-art facilities and equipment in universities, colleges, research hospitals and non-profit research institutions.

For broadcast use:

Seniors suffering from Parkinson's disease and babies born prematurely are among the Canadians who will benefit from $53 million in new federal investments in research facilities across the country. The announcement was made today by the Honourable Gary Goodyear, Minister of State (Science and Technology), at the University of Manitoba in Winnipeg.



Contacts:
Yves Melanson
Coordinator, Media Relations
Canada Foundation for Innovation
613-996-3160
Cell.: 613-447-1723


Gary Toft
Director of Communications
Office of the Honourable Gary Goodyear
Minister of State (Science and Technology)
613-943-7599

Media Relations
Industry Canada
613-943-2502

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 01.09.2011 - 15:00 Uhr
Sprache: Deutsch
News-ID 61656
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WINNIPEG, MANITOBA



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